Sony Ericsson boosted by smartphones

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Sony Ericsson has returned to profit after good sales sales of expensive
smartphones such as Satio and the X10.

The Japanese-Swedish joint venture is recovering from a poor 18 months as a
result of fierce competition from Apple and HTC. But a major restructuring
programme and a focus on developing unique smartphones has started to pay
off.

Pre-tax profit was up €31 million (£26 million), compared to a €283 million
loss a year ago.

The company, which is based in Hammersmith, London, sold 11 million handsets
in the three months to the end of June, 5 per cent higher than